Avidian Wealth Enterprises LLC Has $1.97 Million Stake in Pacer US Cash Cows 100 ETF $COWZ

Avidian Wealth Enterprises LLC lifted its position in shares of Pacer US Cash Cows 100 ETF (BATS:COWZ) by 2.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,726 shares of the company’s stock after acquiring an additional 957 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Pacer US Cash Cows 100 ETF were worth $1,968,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Proffitt & Goodson Inc. bought a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth $25,000. Costello Asset Management INC bought a new position in Pacer US Cash Cows 100 ETF during the 2nd quarter worth $26,000. Brentview Investment Management LLC bought a new position in Pacer US Cash Cows 100 ETF during the 1st quarter worth $27,000. Flaharty Asset Management LLC bought a new position in Pacer US Cash Cows 100 ETF during the 1st quarter worth $31,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in Pacer US Cash Cows 100 ETF during the 1st quarter worth $34,000.

Pacer US Cash Cows 100 ETF Stock Up 0.0%

Shares of BATS:COWZ opened at $57.41 on Tuesday. The firm has a market cap of $21.67 billion, a P/E ratio of 14.17 and a beta of 0.95. The business has a fifty day simple moving average of $57.29 and a 200 day simple moving average of $55.04. Pacer US Cash Cows 100 ETF has a 12-month low of $46.64 and a 12-month high of $61.92.

About Pacer US Cash Cows 100 ETF

The Pacer US Cash Cows 100 ETF (COWZ) is an exchange-traded fund that is based on the Pacer US Cash Cows 100 index. The fund tracks a free cash flow-weighted index of companies selected from the Russell 1000 Index. COWZ was launched on Dec 16, 2016 and is managed by Pacer.